Report on Contrasting Businesses
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[pic 1]BUSINESS ENVIRONMENT[pic 2][pic 3]Table of ContentsIntroduction P1.Task 1 – Report on contrasting businesses P2- Stakeholders of M&S and Sue Ryder Task 1 Task 2 Shareholders report Task 4: The evaluation of shareholders of marks and spencer P3-Task1- Leaflet Task: 1 Leaflet Preparation Task 2 How style of organisation helps them to fulfil their purposes Plan for the future and how this may affect their structure: P4-Task 2- Explaining the style of the organization that helps them to full fill their purposes: P5- Task 3- How boom affect the Marks and Spencer P6- Task 5- Political, Legal, and Social factors affect the both Organization Conclusion References: Introduction The business affected the mission, object, organizational structure and functional area. These are based on the profit and non- profitable organization. The social, economic and political environment also effect the business. The operational activities of the profitable organization and no –profitable organization are different. Then the organizational structure have to different to fulfill functional activities. Matrix organization structure is good for the profitable organization. But the group structure is best for non -profitable organization. The recession is the bad part of the economy, there is no hand of the organization, but the organization have effected by the event. So, proper techniques have to take to sustain in the market in the time of the recession. But the boom of the economy is good part of the economy. The best opportunity to growth to the business and make profit for the business. The bet of the competitors is the main technique to get the more profit. The political, social and legal effect both the profit and non-profit organizations[a]P1.Task 1 – Report on contrasting businesses Contrasting business means when business have different objects. Marks and Spencer and sue Ryder is contrasting business as is profitable and other non-profitable organization (Cooke, 2009).Marks and Spencer:Marks and Spencer established in 1885 as a partnership business. Gradually it expand the business in different country in the world. Dewhirst’s lent marks $5 when marks was looking for job in 1884.when got a permanent stall then he invited spencer to do partnership business. The main purpose of marks and spencer’s is to create job own self. After few years they had got many stalls in North West of England. Early in the 20th century it only sold British made product but it broke down the policy in 1990. The return policy of product and emphasis on quality of product gave confidence to the customers. In 1970-1972 M&S utilize food labelling to improve quality. In 1973 m&s exacerbated its business in Canada with 40 stores and opened business in France in 1975. M& s acquired Brooks Brothers, and Kings Super Markets in 1988. M&S restructuring its business according to the condition in 2009-2010. (Wikipedia, 2016)
Aims objective and purposes Marks & Spencer wants to become the leading multi-channel retailer internationally. Improve the performance in UK and increase the range of product to the local market and international market. Industrial SectorMarks and Spencer rely on the inventories of the suppliers to produce the produce, so, Marks and Spencer is the secondary industrial sector. (Dunning, 2010).RangeMarks & Spencer has operation in UK, France, Canada and others country. The range of the business expand in the different countries.Business sectorMarks & Spencer is listed in the share market of the UK. In, 1998 its 1st start to offer share in the capital market (Fogarty, 2010).Ownership of Mark & SpencerMarks & Spencer Company Michael Marks and Thomas Spencer are the founder of the Marks & Spencer Company first. Marks & Spencer Company started its operation in 1884 as a public limited company. (Wikipedia)Marks & Spencer Business PurposeProfit maximization is the main purpose of the Marks & Spencer .wealth maximization and expansion of the business in worldwide is also objective of the Marks & Spencer Company. (Gendron, 2015).Liability statusThe shareholders of the Marks & Spencer Company has the limited liability status. Personal property is not liable for the business loss. As far as, 2015 Marks & Spencer Current liability is 2,111.6 million and its non-current liability is 2885.7 million pounds.Sue Ryder:In 1953, Sue Ryder started its operations as a nursing home in Suffolk, UK.Aims objective and purposeSue Ryder main objective consulting service to the patient that diagnosis of the diseases support to change the life. (Hillstrom, 2012) Industrial Sector The Sue Ryder is charitable business. The profit of the business use to help the patient. It is mainly service sector business. (Kruse, 2013).RangeSue Ryder foundation provide service in the UK and other country in the world.Business sectorSue Ryder is not any listed company in the share market. It is a private organization.Ownership of Sue RyderSue Ryder is entrepreneur of the Sue Ryder foundation. It is sole proprietorship businessSue Ryder Business Purpose